KOLTE PATIL Announces Quarterly Results (1QFY20); Net Profit Up 71.5%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

KOLTE PATIL Announces Quarterly Results (1QFY20); Net Profit Up 71.5%
Wed, 7 Aug

KOLTE PATIL has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

KOLTE PATIL Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m3,8061,9545,857199.7%53.9%
Other incomeRs m19253021089.0%1523.7%
TurnoverRs m3,8241,9806,159211.1%61.0%
ExpensesRs m2,5501,1873,906229.1%53.2%
Gross profitRs m1,3567681,951154.1%43.9%
DepreciationRs m37364730.3%27.4%
InterestRs m203318232-27.1%14.5%
Profit before taxRs m1,1354391,974349.5%73.9%
TaxRs m372103666549.4%79.0%
Profit after taxRs m7633371,308288.6%71.5%
Gross profit margin%35.639.333.3
Effective tax rate%32.823.433.8
Net profit margin%19.917.021.2
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 53.9% on a year-on-year (YoY) basis. The expenses were up by 53.2% YoY during the same period.
  • The company's operating profit increased by 43.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 33.3% in 1QFY20 as against 35.6% in 1QFY19.
  • Depreciation charges increased by 27.4% and finance costs increased by 14.5% YoY, respectively.
  • Other income increased by 1523.7% YoY during the quarter.
  • Net profit for the quarter increased by 71.5% YoY. Net profit margins during the quarter increased from 19.9% in 1QFY19 to 21.2% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 199.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 229.1% QoQ during the same period.
  • The company's operating profit declined by 154.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 33.3% in 1QFY20 as against 39.3% in 4QFY19.
  • Net profit for the quarter increased by 288.6% QoQ, while net profit margins increased from 17.0% in 4QFY19 to 21.2% in 1QFY20.

To see how KOLTE PATIL has performed over the last eight quarters,please visit here.

KOLTE PATIL Share Price Performance

Over the last one year,KOLTE PATIL share price has moved down from Rs 285.6 to Rs 231.3, registering a Loss of Rs 54.3 or around 19.0%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,036.8 (up 0.6%). Over the last one year it has moved down from 2,059.4 to 2,036.8, a gain of 23 points (down 1.1%).

Overall, the S&P BSE SENSEX is down 1.8% over the year.

Current Valuations

At the current price of Rs 231.3, the price to earnings (P/E) ratio of KOLTE PATIL stands at 11.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.8 times.

Equitymaster requests your view! Post a comment on "KOLTE PATIL Announces Quarterly Results (1QFY20); Net Profit Up 71.5%". Click here!

  

Related Views on News

KOLTE PATIL Announces Quarterly Results (4QFY19); Net Profit Down 45.1% (Quarterly Result Update)

Jun 6, 2019 | Updated on Jun 6, 2019

For the quarter ended March 2019, KOLTE PATIL has posted a net profit of Rs 336 m (down 45.1% YoY). Sales on the other hand came in at Rs 2 bn (down 59.1% YoY). Read on for a complete analysis of KOLTE PATIL's quarterly results.

KOLTE PATIL Announces Quarterly Results (3QFY19); Net Profit Down 159.0% (Quarterly Result Update)

Jan 31, 2019 | Updated on Jan 31, 2019

For the quarter ended December 2018, KOLTE PATIL has posted a net profit of Rs 217 m (down 159.0% YoY). Sales on the other hand came in at Rs 722 m (down 74.9% YoY). Read on for a complete analysis of KOLTE PATIL's quarterly results.

KOLTE PATIL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

Here's an analysis of the annual report of KOLTE PATIL for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of KOLTE PATIL. Also includes updates on the valuation of KOLTE PATIL.

IRCON International IPO: Is This PSU Worth Betting On? (IPO)

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

More Views on News

Most Popular

Buy these 7 Stocks if You Believe in India(The 5 Minute Wrapup)

Sep 12, 2019

News headlines predict gloom and doom for India these days. You should ignore them.

A Recession Proof Stock You Can Bet On(Profit Hunter)

Sep 10, 2019

Usually, the typical horizon period for my smallcap recommendations is 3 to 5 years. But if you ask me, this could be one business that you could own and pass on to future generations.

A Rare Opportunity to Buy the Top 5 Stocks in the Market(The 5 Minute Wrapup)

Sep 16, 2019

The stock market today is throwing up a great opportunity to pile on quality stocks.

This Company Will Do Well Despite the Slowdown(The 5 Minute Wrapup)

Sep 11, 2019

How financial inclusion provides a big runway for this stock recommendation.

The 5 Best Trading Opportunities I've Spotted(Profit Hunter)

Sep 13, 2019

These 10 auto stocks should be in your watchlist for the next 32 months. Paste them on your workstation NOW.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

KOLTE PATIL SHARE PRICE


Sep 20, 2019 12:51 PM

TRACK KOLTE PATIL

  • Track your investment in KOLTE PATIL with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

KOLTE PATIL - J KUMAR INFRA COMPARISON

COMPARE KOLTE PATIL WITH

MARKET STATS